Ex-Staffers Point Blame At Madoff In Fraud Trial

Law360, New York (October 17, 2013, 9:22 PM EDT) -- Bernard Madoff was a criminal genius who kept staff at his now-defunct investment company in the dark about his Ponzi scheme, defense lawyers for five former employees allegedly involved in the fraud told jurors in New York federal court on Thursday.

The computer programmers and managers who worked for Madoff did not realize that their boss, revered in the firm and on Wall Street, was one of history’s greatest frauds, the defendants' lawyers roundly stated in opening arguments.

The employees — former programmers Jerome O'Hara and...
To view the full article, register now.



Case Information

Case Title

Magistrate judge case numbers: 

Case Number



New York Southern

Nature of Suit

Date Filed

March 17, 2010

Law Firms

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.